Shows
Smart Money QuestionsRoth vs. Pre‑Tax 401(k) in Your 50s & 60s: How to Maximize Retirement Income💸 Ready to take control of your financial future?
📞✨ Book a free call with Matt today! 👉 https://go.oncehub.com/matthausman
In this episode, Matt tackles one of the biggest tax decisions that retirees face: Roth or pre-tax? It’s not just about today’s tax bill. It’s about future flexibility, income planning, and how your choices ripple through the rest of your financial life. Using real-world scenarios and practical strategies, Matt walks through when each approach might make sense, and when it might not.
Here’s some of what we discuss in this episode:
2026-02-1920 minSmart Money QuestionsSmart Investment Moves Heading Into 2026💸 Ready to take control of your financial future?
📞✨ Book a free call with Matt today! 👉 https://go.oncehub.com/matthausman
A new year brings no shortage of market opinions and plenty of noise. Matt shares a grounded perspective on how to think about investing as 2026 takes shape, with an emphasis on preparation over prediction. This episode covers several long-term planning decisions that often get overlooked by pre-retirees and retirees. Tired of reacting to headlines? Tune in for a more thoughtful approach in 2026.
Here’s some of what we discuss in this episode:
📊 2026 Inve...
2026-01-2918 min
ClubHaus RadioClubHaus Radio Ep. 30 | Matt Fax2026 is kicking off with a new episode of ClubHaus Radio! Episode 30 features a new intro, new look, and new music from Second Sine, Kasablanca, John Grand, Paul Thomas, and many more. Two ClubHaus releases are coming in hot - one from Hausman and another from Schuyler Ocean. Closing out the show is a legendary producer, Matt Fax, who's put together a mix filled with IDs and recent releases.Tracklist:Eli & Fur - AIR (Discognition Remix) [NYX Music]Ariel Stamile - Echoes (Derek Christopher Remix) [Future Avenue]Marsh - Pretty Eyes (Jody Wisternoff & James...
2026-01-013h 00Smart Money QuestionsPersonal Estate Planning Stories: What Your Heirs Will Actually Face💸 Ready to take control of your financial future?
📞✨ Book a free call with Matt today! 👉 https://go.oncehub.com/matthausman
What if everything you thought you'd set up to protect your family turned out to be a maze of red tape and frustration? In this episode, discover the hidden roadblocks that can derail even the most carefully planned estates, as Matt reveals the eye-opening reality facing heirs in 2025, where paperwork alone isn't enough, and the real challenges begin after you're gone.
Here’s some of what we discuss in this episode:
📆 2025 Review: estate p...
2025-12-1820 minSmart Money QuestionsThe Smart 2025 Year-End Money Review💸 Ready to take control of your financial future?
📞✨ Book a free call with Matt today! 👉 https://go.oncehub.com/matthausman
As the year wraps up, it’s the perfect chance to step back and make sure your financial plan is aligned, optimized, and ready for the year ahead. Matt highlights key areas worth reviewing before the calendar turns, and what can happen if we don’t. Year-end planning doesn’t have to be overwhelming. A few intentional steps now can create more clarity and confidence moving forward.
Here’s some of what we discuss in this epi...
2025-11-2016 minSmart Money QuestionsThe Hidden Power of Tax Diversification💸 Ready to take control of your financial future?
📞✨ Book a free call with Matt today! 👉 https://go.oncehub.com/matthausman
Most people diversify their investments but forget to diversify their taxes. Today, Matt explains why tax diversification is one of the most powerful tools for retirees and how it can dramatically improve the longevity of your money. He shares a real client story that proves smart tax strategy means bigger savings and fewer headaches. Discover why tax diversification could be your most powerful tool for building a resilient retirement plan.
Here’s some of what we di...
2025-10-1616 minSmart Money QuestionsHow Much Should I Be Saving?💸 Ready to take control of your financial future?
📞✨ Book a free call with Matt today! 👉 https://go.oncehub.com/matthausman
“How much should I be saving?” It’s one of the most common financial questions, and the answer isn’t always simple.
The right saving strategy depends on your income, debt, lifestyle, and long-term goals. In this episode, Matt shares the framework he uses with clients of all ages to answer this timeless question. No matter your age or stage of life, the real first step is knowing where your money’s going.
Here’s some of...
2025-09-1124 minSmart Money QuestionsWhat Are You Saving For?💸 Ready to take control of your financial future?
📞✨ Book a free call with Matt today! 👉 https://go.oncehub.com/matthausman
Do you know the real purpose behind your savings? Money isn’t the end goal, it’s the tool that helps you build the life you want. In this episode, Matt asks a deceptively simple but powerful question: What are you really saving for? Instead of focusing only on numbers, taxes, and investments, Matt explores the deeper purpose behind our financial decisions. Are you facing a major life transition? Defining your purpose is just as critical as pla...
2025-08-2118 minSmart Money QuestionsTax Changes, Roth Moves & Renting in Retirement💸 Ready to take control of your financial future?
📞✨ Book a free call with Matt today! 👉 https://go.oncehub.com/matthausman
What does the newly signed One Big Beautiful Bill (BBB) really mean for your taxes and your future? In this episode of Smart Money Questions, we will explain the most important tax changes in simple terms. From extended tax brackets to new deductions for seniors and enhancements to charitable giving, we’ll tell you what’s permanent (for now), what phases out, and what it all means for retirement planning.
Here’s some of what we discus...
2025-07-2420 minSmart Money QuestionsThe Big Beautiful Bill: What It Really Means for Your TaxesWhat’s all the buzz about the “Big Beautiful Bill?” With many current tax provisions set to expire at the end of the year, there’s a lot of noise, but very little that’s finalized. Matt walks through the latest version of the Senate proposal, what it could mean for taxpayers, and why the only smart move right now is to stay informed and stay patient.
He also highlights a thought-provoking article from The Wall Street Journal that shows how politics are increasingly influencing investment behavior- and not in a good way.
Here’s some...
2025-06-1913 minSmart Money QuestionsWhat Should You Actually Do When the Market Drops?The headlines are loud, the markets are messy, and your gut might be telling you to do something., anything, right now. But what should you actually do when your portfolio takes a hit? In this episode, Matt talks about recent market volatility and reminds listeners why reacting emotionally can cost more than staying the course. He shares stories from client conversations during the dip, explains the dangers of market timing, and reveals just how much the media benefits from our panic.
Here’s some of what we discuss in this episode:
📉 Why bad news spreads faste...
2025-05-1519 minSmart Money QuestionsSmart Strategies for Real Estate and RetirementSelling your home and relocating in retirement is both an emotional decision and a financial one. Today’s real estate landscape adds in another layer of complexity, especially for retirees. In this episode, Matt shares insights from working with four different clients who are each navigating the complexities of selling, buying, or relocating.
Here’s some of what we discuss in this episode:
🏡 Real-world advice from clients relocating in retirement
📑 Why contract timing and legal review can prevent big headaches
💰 Reverse vs. traditional mortgages—what works when and why
💡 Planning your move...
2025-04-1718 minSmart Money QuestionsMadness in March: Market Volatility & Tax SeasonAs we dive into the heart of March Madness, the excitement of college basketball isn't the only thing making headlines; the financial markets are also experiencing their own form of madness. In this episode of Smart Money Questions, Matt breaks down the latest market volatility, tax season updates, and investment strategies to help you stay informed and confident in your financial future.
Here’s some of what we discuss in this episode:
📉 Market Volatility Explained – Why the ups & downs are normal
📊 International Stocks Are Winning – What this means for your portfolio
🔄 Why Rebalancing...
2025-03-2017 minSmart Money QuestionsSavings Strategies and Tax RefundsToday we want to cover some timely discussions that we’ve had with clients recently, ranging from savings strategies and debt management to tax refunds and credit card spending. Good saving and spending habits are developed over time, but these seemingly small routines can make a huge difference in retirement.
Here’s some of what we discuss in this episode:
Why it might not be a good idea to take money out of an IRA and into a high-interest savings account.
Should you pull money out of savings or investment accounts to pay off debt?
Why you s...
2025-02-1326 minSmart Money QuestionsWhere To Invest In 2025Everyone wants to get advice or guidance when it comes to investing, and a recent Wall Street Journal article featured ten different experts’ predictions for 2025. It made for an interesting read and provided some interesting discussion for this month’s podcast. Today we’ll take a look at a variety of strategies in play for 2025—from focusing on large-cap growth stocks and diversifying beyond the “magnificent seven” tech giants to some experts advocating a complete shift to bonds.
Beyond investment strategies, we also want to spend a little time sharing practical financial planning tips for the new year, includ...
2025-01-1617 minSmart Money QuestionsSetting Financial Planning Goals for 2025As we close out 2024, we can look back on a good year highlighted by the transition to a new office. Hopefully you’ve also enjoyed a great past twelve months, but now it’s time to shift focus on smart financial planning for the year ahead. In this episode of the Smart Money Questions podcast, Matt shares actionable strategies to refine your budgeting, transition smoothly into retirement, and maximize tax efficiency.
Here’s some of what we discuss in this episode:
✅ The importance of understanding your monthly expenses (necessities, lifestyle, and legacy goals).
💰 Planning fo...
2024-12-1918 minSmart Money QuestionsLooking Ahead Post-ElectionAs we approach Thanksgiving, it's hard to believe that 2024 is nearly behind us. With the end of the year comes a lot to look forward to- family, food, and of course, football. But there’s also another reason to celebrate this holiday season: the election is finally over.
Now that the election results are settled, the big question on everyone's mind is what comes next for the markets, Social Security, Medicare, and taxes. In this episode, we dive into what we can expect in the coming months and how these changes might impact our financial future.
...
2024-11-2121 minSmart Money QuestionsBuilding The Foundation For Success: A Conversation With Mike RicciIt’s a different type of episode this time around, as we welcome long-time football coach Mike Ricci to the show. Mike coached football at Garnet Valley High School where he built a powerhouse football program before his retirement from the field. Now, Mike has his own business where he helps companies reach their goals as an organization much like he helped so many young people reach their goals both on and off the football field.
Here’s some of what we discuss in this episode:
What got Mike interested in coaching and teaching.
How w...
2024-10-1734 minSmart Money QuestionsAll Eyes on Interest Rates This MonthThere’s a lot of anticipation surround the Federal Reserves meeting this month, and their decision on interest rates will have an impact across many different areas of financial planning. There’s a lot going on right now that impacts the discussions we have in our office, and we’re bringing some of that to the podcast today.
Join us as we share an in-depth analysis of the current economic indicators and what they might mean for your savings, investments, and overall financial strategy. Plus, we’ll offer some guidance for anyone facing decisions about pensions and lump sum...
2024-09-1919 minSmart Money QuestionsTaxes, Life Insurance & Legal DocumentsWe always like to use this show to share some of the conversations we’re having with clients and the topics that are being discussed in our office. Today we have three important ones that have popped up multiple times recently and that’s life insurance, tax planning, and legal documents.
Here’s some of what we discuss in this episode:
What opportunities you might have with a life insurance policy in retirement.
Ways that you can reduce taxes and keep from paying more than you need to.
Always being aware of the different buckets...
2024-08-1520 minSmart Money QuestionsThe 2024 Mid-Year Check-UpWe’ve reached halftime for 2024 and it’s the time of the year when we like to check up on the finances with clients. Today we want to walk you through the conversations we’re having and the topics we’re covering in the office.
This episode is packed with both entertaining summer stories and crucial financial advice that you won't want to miss.
Here’s some of what we discuss in this episode:
Mid-year tax planning is important so what moves should you be considering?
Make sure wherever you are working, that you un...
2024-07-2525 minSmart Money QuestionsThe Sky is Not FallingIt’s been a busy few weeks for us with a couple concerts and a trip to Florida to visit Maggie’s mom, and it was during that trip that we met someone who got us thinking about the theme for this month’s show. Today we’ll share that intriguing conversation we had with a retiree in Florida who was fearful about the future of the economy and the dollar, which sets the stage for a deeper discussion on financial planning and investment strategies.
Here’s some of what we discuss in this episode:
The stor...
2024-06-2016 minSmart Money QuestionsDiscussing Investing with a Young ClientWe met recently with a young client who was just getting started and wanted to learn more about investing. They were so eager to get a jump on the finances and figure everything out.
Today we’re going to share insightful anecdotes from this recent meeting, where we talked about the underlying principles of planning, highlighting the importance of understanding risk, diversification, and keeping a long-term outlook.
Here’s some of what we discuss in this episode:
Investing should feel more like watching paint dry.
How you should view risk and apply that...
2024-05-1620 minSmart Money QuestionsSteps to Take if You’re 5 to 10 Years From RetirementThis week on the Smart Money Questions podcast, Matt Hausman tackles the big question: Will you be okay after retirement? With a blend of financial expertise and real-life examples, we’ll share a Wall Street Journal article outlining the financial mistakes to avoid as you get within five or ten years of retirement.
Here’s some of what we discuss in this episode:
You always want to have cash on hand because unexpected expenses can pop up at any time.
Maximize your retirement contributions to what your budget allows.
Understand your Social Security options, espec...
2024-04-2523 minSmart Money QuestionsThe Market in Election YearsWhat can we expect or what has the market done with regards to returns during presidential election years? After talking with clients the first couple of months, it’s clear that this is going to be a crazy year. That’s not uncommon during election years but this one seems to be setting up for unprecedented craziness.
Here’s some of what we discuss in this episode:
An update on a quick trip we took to Sarasota.
Returns for every presidential term since 1928 and what it shows us.
What does it mean for retirement if you...
2024-02-2216 minSmart Money QuestionsWhat Can We Expect in 2024?Everyone wants to know. What is going to happen in 2024? Join us as we explore a range of topics, from the outlook of the economy, a potential tax surprise for a lot of people, and some new provisions that will take effect this year.
We’ll give you a high-level look at what we’re paying attention to and what we’re discussing with our clients as the year begins. There’s plenty to address within your financial plan and this episode will cover a number of those things.
Here’s some of what we dis...
2024-01-1817 minSmart Money QuestionsSmall Business Planning and the Purpose of MoneyWe’re coming down to the final few days of 2023 and we hope you have all enjoyed a good holiday season. As we close out the year, we wanted to go over a couple of client conversations we had recently dealing with small businesses and the power of money.
Here’s some of what we discuss in this episode:
How should business owners balance saving for retirement and putting money back into the business?
What are some consistent financial habits you can create as a business owner?
Reviewing opportunities for Roth conversions.
Managing an inher...
2023-12-2820 minSmart Money QuestionsPutting Your Extra Cash to WorkIt’s hard to beat this time of the year with the holidays and everything that comes along with it, and we hope that you enjoyed a wonderful Thanksgiving. We have a lot to be thankful for and hope you do as well when you look back on this year and what’s to come in 2024.
Today we want to go over a couple of meetings we’ve had recently with clients who had needed to address some specific scenarios. In each of these scenarios, we’ll share the process we went through and the different options we consi...
2023-11-3018 minSmart Money QuestionsWhat You Need to Know About 2024 Open EnrollmentAs we close in on the final two months of the year, there’s a lot happening now and plenty to look ahead to for 2024. That’s what we want to spend some time on today by sharing some of the discussions we’re having in our office and some of the questions we’re answering from clients in this final quarter of the year. This includes open enrollment, world conflicts, and financing a new home.
Here’s some of what we discuss in this episode:
The different open enrollments and what you need to know.
Un...
2023-10-2620 minSmart Money QuestionsWhat You Missed at Our Educational EventLast month, we held an educational event and covered a lot of important information. We even featured estate attorney Jennifer Walker, who talked about the estate planning do’s and don’ts. It was a great event and we appreciate everyone that came out.
Because we went over a list of key planning items for the year, we wanted to provide all of that information and education for you on the podcast. So this show will be go over all of that today, which should be very helpful for anyone thinking about what they need to do befo...
2023-09-2130 minSmart Money QuestionsMid-Year Financial Check-Up – Items to AssessAs we move beyond the mid-point of the year, we always take this time to have a check-up with clients to run through a number of items that might need attention before the end of the year. Today we’ll share a few of those things, including budgeting, Roth contributions, and SECURE Act 2.0 changes.
Then we’ll spend some time running through a few different scenarios we’ve helped clients out in recent weeks.
On today’s show, here’s some of what you’ll learn:
Is a Roth IRA or Roth 401k actually a b...
2023-08-1721 minSmart Money QuestionsWhat We’re Paying Attention to This SummerHard to believe we’re already into July but we’ve had a great summer so far. Hopefully you’ve been making the most of the warm weather and longer days. Today’s episode isn’t a long one but we wanted to take a little time to update on what’s going on at Old Security Group and talk about some of financial topics we’ve been paying attention to.
On today’s show, here’s some of what you’ll learn:
Details on our upcoming client educational event (1:04)
We’ve been hearing from people about investm...
2023-07-2718 minSmart Money QuestionsTalking Finances With My 21-Year-Old DaughterToday we have a special guest. My 21-year-old daughter Ashley and I have been talking about doing this interview for several months. We want to share the importance of personal finance and personal finance education. My wife and I constantly talk to our kids about this topic, including behavioral finance, so we are excited to share this episode with you!
On today’s show, here’s some of what you’ll learn:
What has Ashley been doing the past few years? (2:23)
How Ashley budgeted her money. (6:03)
How Ashley started investing. (10:56)
Want to contac...
2023-06-2221 minSmart Money QuestionsBank Failures, Debt Ceiling And The MarketWe’re covering several important topics today derived from client questions and concerns. Given the relevance of today’s questions, Matt thought you’d like to hear these answers as well. Join us as we touch on the recent events taking place in the financial sector and explore actionable steps that we can take to help set up our heirs for success.
On today’s show, here’s some of what you’ll learn:
What’s been in the headlines about bank failures? (4:26)
What’s happening with the debt ceiling and market? (7:25)
Is your estate plan in or...
2023-05-1824 minSmart Money QuestionsPaying Off Debt and RelocatingWe met with a new client recently and looked at a snapshot of their financial situation. One of the things we noticed was their outstanding debt, including credit cards and car loans. The client wanted to take about $40,000 to $50,000 out of their 401k and take a financial hit in order to pay down that debt.
Is that a good idea? We’ll share what advice we gave them and how you can handle a similar situation. Join us for an insightful conversation about relocating, extinguishing your debt, and more.
On today’s show, here’...
2023-04-2023 minSmart Money QuestionsTraveling Tips and Picking a BankWe have a lot to talk about today, so let’s jump into it. We read some articles recently about the travel industry and how people are getting back out there and traveling. Many of our clients have been doing some big trips.
If you want to travel and get deals, we’ll share some insight on that topic. You’ll need to think about advanced planning and figure out how you’ll pay for the trip. We’ll also discuss banks and what to do with your cash.
On today’s show, here’s some of what y...
2023-03-1632 minSmart Money QuestionsAddressing The Most Pressing Client Retirement Tax Questions From The Past Few MonthsOn this episode of Smart Money Questions, we'll be discussing one of the most pressing concerns for retirees: taxes. As you prepare for retirement, it's important to consider how your income sources will affect your tax obligations, and to plan accordingly. Whether you're transitioning into retirement or already retired, taxes can have a significant impact on your financial well-being.
Matt has spent years helping clients navigate the complex world of retirement planning, and he's here to answer some of the most common questions he receives about taxes. You'll learn about the best ways to handle your tax...
2023-02-1623 minSmart Money QuestionsWhat to Know About SECURE Act 2.0As we begin a new year, let’s talk about the SECURE Act 2.0, which was signed into law in December. We’ll share some of the highlights, including new requirements for companies with new 401(k) and 403(b) plans.
Did you know that companies can automatically enroll their employees into these plans? We’ll explain this along with some other key changes to RMDs, retirement accounys, and other planning items.
On today’s show, here’s some of what you’ll learn:
How the minimum distribution age changed. (5:58)
What happens if you miss your minimum d...
2023-01-1220 minSmart Money QuestionsGet to Know Robert Khoury, CEO of Agile RainmakersToday we’re joined by Robert Khoury, the founder and CEO of Agile Rainmakers, a high-impact business development consulting and advisory firm based in Chicago’s Gold Coast.
Robert’s 20+ year career in the financial industry has seen him in many roles: an equity derivatives trader, portfolio manager, corporate strategist, chief operating officer, recruiter, hedge fund executive, and private equity investor. Today he’s sharing his expertise about internships and how they can help people discover the right career.
On today’s show, here’s some of what you’ll learn:
How you can u...
2022-12-2130 minSmart Money QuestionsScenarios for Using Annuities and Life InsuranceWe love to talk on our show about different scenarios and questions we hear from clients in our office, and the topic of annuities and life insurance has come up quite a bit in recent weeks. You won’t find a lack of opinion on either of these two products and they both can get a little complicated.
On today’s show, here’s some of what you’ll learn:
What should you do with an older annuity? (4:36)
How should you handle an enhanced death benefit option? (8:56)
How should you handle life insurance when your spou...
2022-12-0818 minSmart Money QuestionsClarification About Inherited IRAsThere has finally been some clarification from the IRS about the SECURE Act rule regarding inherited IRAs from 2020 and beyond. We’ve had some questions from clients about this, so it’s great to finally have some answers.
It’s important for you as an owner of an IRA, 401k, etc. to know how this works and understand it. It’s also important for your heirs to understand this important topic and know what tax bracket they might be in.
On today’s show, here’s some of what you’ll learn:
What happened w...
2022-11-1718 minSmart Money QuestionsWhat Tax Changes Are Coming in 2023?If you’re wondering what taxes will look like in 2023, as far as standard deductions and increase in tax brackets, today’s show is for you. The IRS just released this information recently and we want to take you through the key changes.
Whether you’re filing single or married filing jointly, we’ll explain what will will be different for you next year. Check out today’s full show to learn more about how the IRS changes could affect you as you make an tax planning moves before the year closes out.
On today’s show, here’...
2022-10-2717 minSmart Money QuestionsAll About Medicare with Tom AndersonWe get questions all the time about Medicare. It can be confusing when there are Medicare parts A, B, C and D and supplements. Today we are welcoming a guest who has been in the Medicare industry for more than 30 years.
On today’s show, here’s some of what you’ll learn:
What Medicare is and how it works. (2:58)
How you can access Medicare. (3:42)
The different aspects of Medicare and how they work. (4:13)
Want to work with us? Find out how we can help: https://smartmoneyquestions.com/work-with-matt/
2022-10-1326 minSmart Money QuestionsWhat to Know About Legacy and Estate PlanningWhen making your legacy and estate plan, it’s crucial to know how taxes will affect that plan. Matt explains why you want to be careful and shares some real-life examples.
Read more and get additional financial resources here: https://wp.me/p9B077-MD
What we discuss on this episode:
2:28 – Charities and individuals
6:00 – How much money should go to each?
9:50 – Moving to a new state
13:46 – Additional properties
16:35 – Question: What is a reasonable amount to leave as a legacy?
2021-01-2121 minSmart Money QuestionsYear-End Financial Planning TipsAs 2020 comes to a close, now’s the time to do some financial planning. Matt has some important topics you should cover with your advisor. We'll also spend talk some about first-time homebuyers and how to approach your mortgage.
Read more and get additional financial resources here: https://wp.me/p9B077-Mo
What we discuss on this show:
2:53 – Maximize 401k
4:55 – CARES Act
6:35 – RMD charitable contribution
9:04 – Deductions on Schedule A
11:25 – Pull money out of the IRA?
13:25 – Tax credits
16:26 – First-ti...
2020-12-1728 minSmart Money QuestionsInvestment Decisions Going into 2021After a long year in 2020, many of us want to make sure 2021 starts off right. On this episode of the podcast, Matt answers several questions from listeners and clients when it comes to making wise investment and financial decisions in the new year.
Read more and get additional financial resources here: https://wp.me/p9B077-Mk
What we discuss on this show:
3:36 - How can I avoid market volatility but still save for retirement?
9:32 - Do you understand how Social Security works?
13:27 - Should you...
2020-12-0326 minSmart Money QuestionsListener Questions - Reverse Mortgages and Helping a Widowed Parent
We’re talking about two important topics today: Are reverse mortgages a bad idea? And how can I help my widowed parent with their finances?
Read more and get additional resources here: https://wp.me/p9B077-Me
Learn more about reverse mortgages: https://smartmoneyquestions.com/podcastposts/episode-93-harlan-accola-behind-the-curtain-of-reverse-mortgages/
What we discuss on this show:
2:56 – Are reverse mortgages a bad idea?
6:35 – Different types of reverse mortgages
9:08 – Can we get kicked out of our home?
13:03 – How to help a widowed parent
2020-11-1922 minSmart Money QuestionsElection Worries & Steps to Saving for RetirementThere’s no doubt that election concerns are on the mind of many people right now, especially as it relates to their financial portfolio. We’ll start the show by addressing these election cycles worries by looking back at what history has shown us. From there, Matt will talk about a call he had with someone recently that wanted to get their retirement on track. He’ll take you through the essential steps that need to be taken to get your financial house in order.
Read more and get additional financial resources here: https://wp.me/p9B0...
2020-10-0230 minSmart Money QuestionsIs It Worth Getting Out of An Annuity With High Fees?Are you feeling stuck in an annuity? Do you have big plans to travel in retirement? Matt answers these questions and two others on today’s podcast.
Read more and get additional financial resources here: https://wp.me/p9B077-L0
Today's show schedule:
1:01 - We’ll talk about four questions today.
2:56 - If a variable annuity has high fees but a high penalty to get out, what should you do?
8:25 - With travel plans in retirement, do you need more income than in your working ye...
2020-07-1624 minSmart Money QuestionsMortgage Rates and HSAsAre you looking at the mortgage rates right now and considering making a home purchase or refinancing your home? If so, what do you need to know beforehand? Matt will also tackle a discussion of whether you should have a Health Savings Account.
Show Notes, Resources & Contact Info:
https://smartmoneyquestions.com/
Timestamps:
1:22 - Today we’re going over mortgages and HSAs.
4:17 - Mortgage rates have dropped to historic lows.
8:18 - What is a cash out refinance and rate and term refinance?
9:30 - What requirements are in...
2020-07-0229 minSmart Money QuestionsWhat To Know About Becoming a ConsultantAre you considering working as a consultant or independent contractor? What does that mean for your finances and what should you prepare for ahead of time? We’ll answer those questions plus talk about trusts on today’s episode
Read more and get additional financial resources here: https://wp.me/p9B077-KL
Today's show schedule:
0:30 - Matt shares his excitement for the hope of reopening when the time comes.
1:40 - What would it look like to come back to work as a consultant?
5:17 - Does it m...
2020-06-1720 minSmart Money QuestionsMark Twain, Traditional IRA vs. Roth and Other FAQsWhere is your retirement money saved? Will it benefit you more now or later? On this episode of Smart Money Questions, Matt answers several FAQs when it comes to your retirement accounts as well as another question about inheritance plans.
Read more and get additional resources here: https://wp.me/p9B077-KD
Today's show schedule:
0:30 - Philadelphia is moving into the next phase of reopening.
1:54 - “Suppose you were an idiot and suppose you were a member of Congress…”
5:05 - What is a qualified retirement a...
2020-06-0425 minSmart Money QuestionsListener Questions: Diversification, Retirement Savings & MoreIn today’s episode of Smart Money Questions, Matt answers a number of questions from listeners. From saving enough for retirement to claiming Social Security, we will talk through several scenarios listeners are currently facing.
Read more and get additional financial resources here: https://wp.me/p9B077-Ku
Today's show schedule:
0:38 - We’re about to kick off summer with the holiday weekend.
4:48 - Mailbag: I have 33 different funds, is that adequate diversification?
8:20 - What is your underlying asset class?
10:29 - Mailbag: Based on...
2020-05-2125 minSmart Money QuestionsWhat You Need to Know About the CARES ActAre you wondering what the CARES Act is all about and how it might benefit you? What rules should you be aware of? Matt will share the key elements you should be aware of when it comes to the CARES Act in times of coronavirus.
Read more and get additional resources here: https://wp.me/p9B077-Ki
Today's show rundown:
3:09 - What is the CARES Act doing with RMDs?
5:52 - Can you still make qualified charitable distributions?
7:24 - What does it mean for charitable contr...
2020-04-1616 minSmart Money QuestionsPaying For College In RetirementIt is no secret that college tuition is expensive and many parents want to help out their children pay for a higher education. But is it worth risking your retirement? Today we will look at the factors that parents should consider when paying for their child's education. Especially for those parents that are near, or in retirement. We also answer a question from a listener who is looking to sell their farm for a little under a million dollars and does not know where to invest the money.
3:25- What do you do when your r...
2020-03-1928 minSmart Money QuestionsCoronavirus and Protection Of Assets For Long Term CareThe outbreak and spread of the coronavirus has caused a bit of a panic in the market in recent weeks. We'll talk about how these events should affect your investments, short-term and long-term. We'll also take a look into some important strategies for protecting your assets from the state if you were to move into a nursing home.
2:40- How the market has reacted to the coronavirus and the history behind similar events.
3:39- There is going to be increased volatility during this time in the market, Matt explains how your investments are a...
2020-03-0521 minSmart Money QuestionsDownsizing, Old Policies & Portfolio OptionsThere are many misconceptions that surround the idea of downsizing your house in retirement. Many people think that they will be able to make a huge profit if they downsize, but that is not always the case. We will guide you through some other considerations to keep in mind before you make the big sale. We also discuss reevaluating an old life insurance policy, how much company stock you should invest in, and deciding whether to move your money into cash, or to keep investing.
Show Notes
2:45- Should you look to...
2020-02-2024 minSmart Money QuestionsHow To Account For Emotions In Your Financial PlanMost people like to think that they always make decisions based on logic and facts, but the truth is that emotions usually play a role for all of us in the decision-making process. Matt will share examples he has seen where emotions have influenced the thought process of individuals. Understanding the emotions that come from financial planning and putting the right strategies in place leads to making the best decisions.
Show Notes:
1:26- Peoples concerns are often times driven by emotion. Matt will break down the good and bad behind emotions in financial plan...
2020-02-0622 minSmart Money QuestionsChanges To Retirement PlanningRecently, there was a COLA increase of 1.6% for Social Security benefits. Matt will give his thoughts on the long term benefit of having a COLA increase, even though the percentage may not seem impressive at first. We will also discuss why working past age 65 is not so uncommon anymore and the importance of mapping out a plan with how you would like to spend your time in retirement.
Show Notes and Additional Resources:
Working Past 65 Article: https://www.cnbc.com/2019/12/30/why-retiring-at-65-could-become-a-thing-of-the-past.html
Retiring Abroad Article: https://www.foxnews.com/real-estate/12-affordable-places-retire
...
2020-01-1625 minSmart Money QuestionsUnderstanding Property and Casualty Insurance with Ted WolferYou’ve likely carried an auto and homeowners policy for many years and don’t think too much about it, but your property and casualty insurance is your protection from major financial disaster. We talk with an insurance specialist to get a better understanding of these policies and what we should be paying attention to.
Show Notes and Additional Resources: http://smartmoneyquestions.com/podcastposts/episode-113-understanding-property-and-casualty-insurance-with-ted-wolfer/
Today's Rundown:
0:21 – Today we’re talking property and casualty insurance with Ted Wolfer
1:31 – Start by helping us understand what this insurance is?
2:09...
2019-12-1932 minSmart Money Questions3 Listener Questions About Investing, 401k, and RetirementYou never know what kind of questions or scenarios you’ll come across when working with clients. But that’s what makes planning exciting. Today we’ll pull three great questions that we’ve heard recently involving 401k rollovers, investing rental property proceeds, and the challenge of spending in retirement. We’ll go in-depth on each answer to show you how we approach each situation.
Full Show Notes: http://smartmoneyquestions.com/podcastposts/episode-112-3-listener-questions-about-investing-401k-and-retirement/
On This Episode:
0:34 – The plan for today’s show.
3:07 – Question: I’m selling one of my ren...
2019-12-0522 minSmart Money QuestionsEmpowering Women in Financial PlanningMatt will be speaking at an event on the topic of empowering women in financial planning and it got him thinking a lot about examples in his personal and professional life that tie into the topic. This episode will run through statistics you need to know and the most important investment items you need to have in order.
Click here to see the full show notes.----more----
Today's rundown:
0:52 – Busy next year coming for Matt.
1:51 – What got me thinking about this topic.
5:14 – How to contact me with questions.
5:46 –...
2019-09-0521 minSmart Money Questions3rd and 4th Quarter Financial To-Do ListWe’ve already rolled into the third quarter of the year and that presents us with a great opportunity to evaluate our portfolio. Giving your plan a check-up will help keep it on track headed towards your goals so use this checklist focus on the most important questions.
Check out the full show notes by clicking here.----more----
Today's rundown:
0:35 – Introducing today’s topic.
2:30 – Understanding where we’re putting our money in a company plan.
3:15 – Ask if your company has a Roth 401(k) option.
4:41 – First thing we’re taking a look a...
2019-08-1521 minSmart Money QuestionsUnderstanding Tax Laws Can Help You With Investing DecisionsA recent tax bill was signed into law in July 2019 and it serves as a reminder that understanding taxes is an important aspect to planning your retirement. Knowing how much of your money will be yours when you decide to access it will determine how much you actually need. On this episode, we discuss this tax law and answer a few questions sent to us.
Check out the full show notes by click here.----more----
Take a look at the full rundown below:
0:26 – Matt discovers goat yoga.
3:30 – On July 1, the Taxpayer Firs...
2019-08-0117 minSmart Money QuestionsUnasked Questions About The Stretch IRADo you ever wonder what you might not even know to ask about? For instance, do you know what a stretch IRA is and how it works? Or how to designate beneficiaries and joint ownership over your accounts appropriately? Matt talks through the ins and outs of these things, answering your questions before you ask them.
See the full show notes here. ----more----
Take a look at the full rundown below:
0:38 – Episode overview about making sure you do what you are supposed to with your retirement accounts.
3:39 – If you are still workin...
2019-07-1820 minSmart Money QuestionsSECURE Act & Gifting vs. InheritingAt the end of May, Congress passed the SECURE Act, which will create some major changes to qualified retirement accounts. We'll look into what those changes will be, as well as possible future implications. And later, Matt shares a story about a client that highlights the importance of understanding the difference between gifting and inheriting.
2019-06-0626 minSmart Money QuestionsRoth IRA Contribution Limits And Other QuestionsThis week, we'll delve into some listener questions about retirement accounts. Matt will clear up the difference between the tax characterization of different types of accounts, as well as whether they should be invested differently. He'll also discuss what happens if you overfund a Roth IRA, how your Social Security is taxed, and more.
2019-05-0225 minSmart Money QuestionsEstate Planning Essentials: Beneficiary Forms And Legal DocumentsWhen it comes to building a retirement plan, one of the biggest items that people overlook, or even avoid, is designating their beneficiaries. But taking the time to do this is key to ensuring that your assets are handed down in the way you intend, and that your estate does not go through probate. Matt gives us some tips on how to prepare these essential legal documents.
2019-04-1817 minSmart Money QuestionsWhat's The Value Of An Advisor?Matt recently received an email question from a knowledgeable DIY investor who is considering handing over the reins to a financial advisor, but is skeptical about the value an advisor could provide. So this week, we'll discuss what type of benefits a true holistic financial advisor should bring to both you and your investments.
2019-04-0425 minSmart Money QuestionsJulie's Story - A Client's PerspectiveThe featured guest this week is Matt's current client Julie, who is in the process of planning for retirement and has been working with Matt for several years now. Julie provides some valuable insight into the planning process from a client perspective, and even offers up some great travel tips from her experience in the hospitality industry.
2019-03-2113 minSmart Money QuestionsMailbag: Savings, Roth or Traditional IRA, College PlanningWe've received a lot of listener questions following our interview with Harlan Accola. Jane wants to know about the preferred interest rate for a savings/money market account. Hector asks about the differences between a Roth IRA and a traditional IRA. Finally, Jim wonders about how to properly save for his kids' college plans. Matt will answer all those smart money questions and more.
2019-03-0722 minSmart Money QuestionsEpisode #93: Harlan Accola - Behind The Curtain of Reverse MortgagesIf you're like most people, you've probably steered clear of reverse mortgages for one reason or another, but there's quite a bit more to them that isn't generally discussed. Matt brings in Harlan Accola to demystify the subject. Who should consider one, and who should not? What kind of options are available and what are the costs associated? And why do reverse mortgages have such a bad reputation?
2019-02-2138 minSmart Money QuestionsEpisode #88: Market Volatility & RiskThere's a conversation Matt has with clients all the time. It's about market volatility. It's one of the most important things to grasp and understand as you prepare for retirement. On this episode, Matt will recount one of those recent conversations with a couple that came into his office, some of the questions they asked and how ultimately they were able to achieve more comfort with their financial plan.
Show notes for this episode: http://www.smartmoneyquestions.com/podcastposts/episode-88-market-volatility-risk/
2019-01-0315 minSmart Money QuestionsEpisode #85: Headlines Featuring Scams And Market CrashesOn this edition of the podcast, Matt addresses scams that could attack your wealth and the question of whether a market crash could eat into your portfolio.
For detailed show notes, a corresponding blog post, and access to mentioned resources, click this link: http://www.smartmoneyquestions.com/podcastposts/episode-85-scams-market-crashes/
2018-12-1329 minSmart Money QuestionsEpisode 84: Paradigm ShiftAs we move from work to retirement, we experience a paradigm shift. Suddenly, we’re moving from wealth accumulation to income distribution. Matt explains.
For detailed show notes, a corresponding blog post, and access to mentioned resources, click this link: http://www.smartmoneyquestions.com/podcastposts/episode-84-paradigm-shift/
2018-12-0622 minSmart Money QuestionsEpisode #83: Advising Is Problem-SolvingMany people think of financial advisors as money managers. In reality, advising is problem-solving. Matt gives examples of some of the puzzles he’s worked.
For detailed show notes, a corresponding blog post, and access to mentioned resources, click this link:
http://www.smartmoneyquestions.com/podcastposts/episode-83-advising-problem-solving/
2018-11-2934 minSmart Money QuestionsEpisode #82: Soda Taxes And FireSoda taxes are causing folks in Seattle to rethink their purchases, and a new movement is helping millennials to retire early. Matt Explains.
For detailed show notes, a corresponding blog post, and access to mentioned resources, click this link: http://www.smartmoneyquestions.com/podcastposts/episode-82-soda-taxes-fire/
2018-11-2228 minSmart Money QuestionsEpisode #81: Matt's Planning Process Part 02People ask us what our retirement planning process looks like. Join us for part two of our series detailing one couple's journey through retirement.
For detailed show notes, a corresponding blog post, and access to mentioned resources, click this link: http://www.smartmoneyquestions.com/podcastposts/episode-81-planning-process/
2018-11-1519 minSmart Money QuestionsEpisode #80: Matt's Planning Process Part 01People ask us what our retirement planning process looks like. Join us on a two-part series as we detail one couple's seven year journey through retirement.
For detailed show notes, a corresponding blog post, and access to mentioned resources, click this link: http://www.smartmoneyquestions.com/podcastposts/episode-80-matts-planning-process-part-01/
2018-11-0820 minSmart Money QuestionsEpisode #78: Maggie's StoryWe're dropping "Money" from the show today and calling it Smart Questions. Matt shares Maggie's story about his wife's life-altering trip to the hospital.
For detailed show notes, a corresponding blog post, and access to mentioned resources, click this link: http://www.smartmoneyquestions.com/podcastposts/episode-78-maggies-story/
2018-10-2522 minSmart Money QuestionsEpisode #77: If Only I'd Met You Sooner!Matt tells us about times clients have said they wish they'd met him sooner. He'll detail how doing so could've spared them a major headache.
For detailed show notes, a corresponding blog post, and access to mentioned resources, click this link: http://www.smartmoneyquestions.com/podcastposts/episode-77-if-only-id-met-you-sooner/
2018-10-1815 minSmart Money QuestionsEpisode #75: Early Retirement ComplicationsRetiring early is a tempting goal, but it's not without complications. Matt offers insight into overcoming the challenges presented by an early retirement.
For detailed show notes, a corresponding blog post, and access to mentioned resources, click this link: http://www.smartmoneyquestions.com/podcastposts/episode-75-early-retirement/
2018-10-0415 minSmart Money QuestionsEpisode #72: RVs, Traveling, Remodeling, Credit Card RewardsMatt explains how to get the most out of your credit card purchases and apply your rewards toward traveling and other big ticket items.
For detailed show notes, a corresponding blog post, and access to mentioned resources, click this link: http://www.smartmoneyquestions.com/podcastposts/episode-72-rvs-traveling-remodeling-credit-card-rewards/
2018-09-1317 minSmart Money QuestionsEpisode #66: What To Do With Required Minimum DistributionsRequired minimum distributions (RMDs) are an inevitable part of retirement, but what should you do with that money? Matt explains.
For detailed show notes, a corresponding blog post, and access to mentioned resources, click this link: http://www.smartmoneyquestions.com/podcastposts/episode-66-required-minimum-distributions/
2018-08-0216 minSmart Money QuestionsEpisode #64: Health Insurance Options Before MedicareTaking an early retirement can be a tempting offer, but there are some things to keep in mind before pulling the trigger. Since Medicare does not cover you until you turn 65, have you considered what your health insurance options are once you are no longer working? Matt will go over some coverage options to keep in mind before you are eligible for Medicare.
For detailed show notes, a corresponding blog post, and access to mentioned resources, click this link: http://www.smartmoneyquestions.com/podcastposts/health-insurance-options-before-medicare/
2018-07-1914 minSmart Money QuestionsEpisode #60: Legal Documents You Need In Your Retirement PlanLegal documents are confusing and typically come with a lot of complex vocabulary. Matt sorts through the jargon and explains why they're so important.
For detailed show notes, a corresponding blog post, and access to mentioned resources, click this link: http://www.smartmoneyquestions.com/podcastposts/episode-60-legal-documents/
2018-06-2119 minSmart Money QuestionsEpisode #58: What Are You Going To Do In Retirement?Retirement planning requires more than financial preparation. Matt details why it's important to set personal goals in retirement.
For detailed show notes, a corresponding blog post, and access to mentioned resources, click here.
2018-06-0711 minSmart Money QuestionsMailbag: Office Buildings, Whole Life, Financial EmpowermentSome great mailbag questions this week. Saul in Florida wants to know if he should sell off his office building and invest the assets. Marie in Pennsylvania is curious if three whole life policies is too much. Hank in Texas wants to know if he should put all his money in Roth from now on. And Samantha in Maryland's mom has a lot of money at her disposal. But she has no confidence to spend any of it. How can she feel more empowered to use the money without losing it or wasting it? Matt has answers to all...
2018-05-3123 minSmart Money QuestionsYou Got What?We've all heard the phrase about having too many cooks in the kitchen. On this podcast, Matt tells us about a time a client revealed to him that they had four different financial advisors. It prompted Matt to say, "You got what?" He'll tell us why having that many advisors can lead you down the wrong path.
2018-05-2411 minSmart Money QuestionsFear Of Running Out Vs Spending ItMatt gives us another solo podcast. This time, his thoughts are on how to ensure a worry-free retirement where someone can spend for their lifestyle without fear of running out of money.
2018-05-1010 minSmart Money QuestionsSide Thought: Should You Pay Off A Mortgage With An IRA?Is it possible to pay off your mortgage with the balance of your IRA? Is it wise? Matt talks about a recent situation where this idea was broached. He'll seek to take the emotion out of the conversation and approach the conversation from a logical perspective.
2018-04-2612 minSmart Money QuestionsHelping Out With ParentsMatt shares a personal story about having to help his parents through a difficult time. He'll also tell us about some of the scenarios his clients have faced over the years and offer you some ideas on how to best prepare for tough situations you and your parents might face.
2018-04-1914 minSmart Money QuestionsMailbag: Downsizing, Big vs. Small Companies, And Forced BudgetingGreat questions on the podcast this week from Mark, Lynne and Carrie. Mark has questions about how to properly finance the decision to downsize to a smaller house. Lynne is wondering about working with big financial companies vs. independent advisors. And Carrie says an advisor is forcing her and her husband to live on a budget. It's a requirement for them to work together. She wants to know if that's normal and if Matt has seen other examples like this where advisors place certain "rules" on the client/advisor relationship.
2018-04-0521 minSmart Money QuestionsMailbag: International Conflicts, College Loans, Lots of Little 401ks, And When To Finally Meet With An AdvisorWe'll answer your questions this week in our mailbag edition of Smart Money Questions. Stella has a question about how international conflicts might impact the markets. Steve needs help figuring out how to pay for his son's college. Should he stop contributing to retirement for a few years to cover the tuition payments? Aaron has a bunch of smaller 401ks sitting around and wants to know what to do with them. And Lauren asks a great question about picking the right time to meet with an advisor. Do you wait until your 6 months away from retirement? Is 5 years away...
2018-03-2926 minSmart Money QuestionsChocolate, Thunderstorms, Mortgages, And Target Date FundsWe'll answer listener questions about paying off a mortgage in the next two years and whether retirement planning is as easy as investing in target date funds. Plus, we'll see what Matt learned at his recent chocolate-tasting event and Walter will tell us what financial lessons you can learn from his (former) fear of thunderstorms.
2018-03-0123 minSmart Money QuestionsMailbag: How To Invest Through Retirement And How To Handle Lump SumsMany of the smart money questions that we feature on the show are from our very own listeners. On this episode, Matt will answer some listener questions about longevity planning, handling lump sums, and more.
2018-02-0817 minSmart Money QuestionsMailbag: Age Gaps, Rental Property, Too ConservativeWe'll ring in 2018 by answering your questions about age gaps, investing too conservatively, and what to do with an old rental property. Matt also has details about some upcoming events at the brand new office in Westchester. Plus, Walter reminisces on his days as a chocolate festival emcee. You won't want to miss the first episode of the year.
2018-01-0424 minSmart Money QuestionsStory Time: In The Nick Of TimeOccasionally, someone meets with an advisor just in the nick of time. Let’s hear about a time a client was about to make a bad financial mistake, but it was averted because of meeting with Matt.
2017-11-2109 minSmart Money QuestionsMailbagMatt answers listener questions about pensions, lack of advice, long-term care, and market growth.
2017-10-1216 minSmart Money QuestionsMailbag QuestionsMatt answers listener questions about 401(k)s, CDs, insurance, and social security.
2017-09-1411 min